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ECB's Kazimir: Ready to hike in July
The European Central Bank (ECB) is rate to hike the key rate in July, ECB policymaker and Slovak central bank Governor Peter Kazimir tweeted out on Thursday.
Kazimir's comments on the rate hike outlook echo his colleagues, as the ECB steers towards a likely rate hike in the early third quarter.
Market reaction
EUR/USD is off the lows but remains 0.53% lower on the day, currently trading at 1.0453.
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